Allurion Technologies Inc (NYSE: ALUR) is -86.34% lower on its value in year-to-date trading and has touched a low of $0.31 and a high of $4.24 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ALUR stock was last observed hovering at around $0.46 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $0.51, the stock is -18.09% and -21.54% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.95 million and changing 11.60% at the moment leaves the stock -64.01% off its SMA200. ALUR registered -86.04% loss for a year compared to 6-month loss of -66.82%. The firm has a 50-day simple moving average (SMA 50) of $0.65358 and a 200-day simple moving average (SMA200) of $1.4321.
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The stock witnessed a -28.46% gain in the last 1 month and extending the period to 3 months gives it a -25.14%, and is 27.73% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 22.08% over the week and 15.51% over the month.
Allurion Technologies Inc (ALUR) has around 252 employees, a market worth around $32.94M and $34.75M in sales. Profit margin for the company is -71.24%. Distance from 52-week low is 64.81% and -87.95% from its 52-week high.
Allurion Technologies Inc quarterly earnings per share for the current quarter are estimated at -0.24 with sales reaching $5.57M over the same period.The EPS is expected to grow by 82.36% this year, but quarterly earnings will post -40.03% year-over-year. Quarterly sales are estimated to shrink -32.40% in year-over-year returns.
30.0 institutions hold shares in Allurion Technologies Inc (ALUR), with institutional investors hold 41.93% of the company’s shares. The shares outstanding are 47.69M, and float is at 46.79M with Short Float at 1.43%. Institutions hold 31.01% of the Float.
